India, Aug. 11 -- Stocks have shown a lack of direction over the course of the trading day on Monday, with the major averages bouncing back and forth across the unchanged line following the strong upward move seen last week.
Currently, the major averages narrowly mixed. While the Dow is down 97.53 points or 0.2 percent at 44,078.08, the S&P 500 is up 0.63 points or less than a tenth of a percent at 6,390.08 and the Nasdaq is up 36.41 points or 0.2 percent at 21,486.43.
The choppy trading on Wall Street comes as traders seem reluctant to make significant moves ahead of the release of several closely watched economic reports in the coming days.
The Labor Department's report on consumer price inflation in the month of July is likely to be i...